Power always corrupts

Power always corrupts, and the power of government to tell people how to live their lives or to transfer money from those who earn it to others is always a temptation to corruption. Taxes and regulations reduce people’s incentive to produce wealth, and government transfer programs reduce people’s incentive to work, to save, and to help family and friends in case of sickness, disability, or retirement. … [I]t is nonetheless clear that government enterprises are less efficient, less innovative, and more wasteful than private firms. … [C]ompare what it’s like to call American Express versus the IRS to correct problems. Or compare a private apartment building with public housing.

How socialism gains a foothold

All you have to do, is to see whether the law takes from some what belongs to them in order to give it to others to whom it does not belong. We must see whether the law performs, for the profit of one citizen and to the detriment of others, an act which that citizen could not perform himself without being guilty of a crime. Repeal such a law without delay. … [I]f you don’t take care, what begins by being an exception tends to become general, to multiply itself, and to develop into a veritable system.

The perfect tool

If one understands that Socialism is not a ‘share the wealth’ program but is in reality a method to consolidate and control the wealth, then the seeming paradox of super rich men promoting Socialism becomes no paradox at all. Instead it becomes logical, even the perfect tool of power-seeking megalomaniacs. Communism, or more accurately Socialism, is not a movement of the down-trodden masses but of the economic elite.